'AI Is Making Us Able to Develop Software at the Speed of Light': Mistral CEO Claims More than 50% of Enterprise Software Could Soon Switch to AI

'AI is making us able to develop software at the speed of light': Mistral CEO claims more than 50% of enterprise software could soon switch to AI

Traditional apps could be replaced by AI, but only if enterprises have the "right infrastructure in place" first.

More than 50% of enterprise software could switch to AI, Mistral CEO says

Software stocks have sold off on fears AI could eat into so-called software as a service, or SaaS, business models.

Mistral CEO forecasts mass shift from software to AI - CEO North America

The CEO of Mistral AI has predicted that more than 50% of enterprises’ current software could be replaced by AI. Speaking from the AI Impact Summit in New Delhi, India, Arthur Mensch stated that AI is cheaper and faster than traditional software, “I would say more than half of what’s currently being bought by IT in terms of SaaS is going to shift to AI.” “AI is making us able to develop software at the speed of light.”  “In a couple of days, we …

Mistral CEO: AI could replace more than half of companies' software

More than half of the software purchased by companies today could eventually be replaced by AI, Mistral AI CEO Arthur Mensch said in an interview with CNBC. The statement comes at a time when software stocks are under pressure due to concerns that AI will undermine software-as-a-service (SaaS) business models. According to Mensch, a major shift is already happening, with companies increasingly choosing to build their own AI-based applications in…

‘AI is making us able to develop software at the speed of light’: Mistral CEO Arthur Mensch thinks 50% of SaaS solutions could be supplanted by AI

More than half of current enterprise software could ultimately be replaced by AI, according to Mistral CEO Arthur Mensch.